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Thane MACT awards Rs 1.2 crore compensation to kin of businessman killed in expressway accident

by AIP Online Bureau | Oct 11, 2025 | Indian News, Non-Life

Tribunal member R V Mohite on Thursday directed the owner of the tempo involved in the accident and the insurer, ICICI Lombard General Insurance Co. Ltd, to jointly and severally pay the compensation with 9 per cent interest per annum from the date of the petition...
Aon names Simon Chisholm as Asia Reinsurance Solutions chairman

Aon names Simon Chisholm as Asia Reinsurance Solutions chairman

by AIP Online Bureau | Oct 10, 2025 | International News, Non-Life, Reinsurance

Simon Chisholm, Chairman-designate, of Asia for Reinsurance Solutions In this role, Chisholm will lead the Reinsurance Solutions’ Global Clients Segment for the Asia region, with a continued focus on deepening relationships with key clients in Japan and Thailand...
SIRC announces panel line-up, anchoring conversations on Geopolitics, Sustainability and AI

SIRC announces panel line-up, anchoring conversations on Geopolitics, Sustainability and AI

by AIP Online Bureau | Oct 10, 2025 | Intermediaries, International News, Non-Life, Reinsurance, Technology

Anchored on the theme “Staying Ahead, Future Ready”, the 21st edition will bring together global reinsurance leaders to tackle urgent challenges and opportunities in an increasingly volatile world Singapore: The Singapore Reinsurers’ Association (SRA) today announced...
Govt throws open CMD posts of PSU general re/insurance cos and one position of LIC MD for pvt sector professionals

Govt throws open CMD posts of PSU general re/insurance cos and one position of LIC MD for pvt sector professionals

by AIP Online Bureau | Oct 10, 2025 | Eco/Invest/Demography, Indian News, Policy

The new norms now will allow eligible private sector professionals to apply for the CMD post of GIC Re, which has fallen vacant after N Ramaswamy retired on Sep 30 External Candidates applying for posts of CMDs of PSU general insurance companies should have minimum 21...
Widening Protection Gap: Role of Specialty Brokers

Widening Protection Gap: Role of Specialty Brokers

by AIP Online Bureau | Oct 10, 2025 | Articles, Eco/Invest/Demography, Life, Non-Life, Regulation, Reinsurance, Risk Management

“Specialty brokers are the connective tissue of the global insurance market. They act as strategic advisers — identifying emerging risks, building the data to make them insurable, aggregating demand for new solutions and uniting diverse sources of capital. In doing...
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